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Wednesday, January 19, 2022

Global PDMS Market To Be Driven By Increasing Demand For The Building And Construction And Automotive Sectors In The Forecast Period Of 2021-2026

The new report by Expert Market Research titled, ‘Global PDMS Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global PDMS market, assessing the market based on its segments like type, form, application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2016-2026)

• Forecast CAGR (2021-2026): 8%

Manufacturing procedures, building and design, personal care and consumer products, transportation, and electronics industries are driving the PDMS market in India, China, Japan, South Korea, Australia, and Southeast Asian countries.

Industry Definition and Major Segments

For offshore and onshore engineering, design, and construction projects, PDMS (Plant Design Management System) is a configurable, multi-user, and multi-disciplinary design software package.

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The PDMS market can be divided based on type into:

• Low-molecular weight PDMS
• High-molecular weight PDMS
• Ultra-high molecular weight PDMS.

The PDMS market can be divided based on its form into:

• PDMS elastomers
• PDMS fluids
• PDMS resins
• Others

The industry can be broadly categorised based on its application sectors into:

• Industrial Process
• Building and Construction
• Household and Personal Care
• Transportation
• Electrical and Electronics
• Healthcare
• Others

The global regions for PDMS market include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Trends

Because of the high growth rate of the building and construction and automotive sectors, the PDMS market is expected to rise in developing nations in Asia Pacific, South America, the Middle East, and Africa. The demand for PDMS elastomers is expected to rise as the healthcare, personal care, cosmetics, and other industries develop. As a result, the PDMS market is expected to be driven by the increased demand for elastomers over the forecast period. Due to expanding consumer spending and revenue levels, the region’s growing building, automotive, personal care and consumer goods, and electronic and electrical sectors are expected to raise demand for PDMS.

Key Market Players

The major players in the market are DowDuPont Inc., Shin-Etsu Chemical Co., Ltd., Wacker Chemie AG, Mitsui Chemicals, Avantor, Inc., Elkem Asa, KCC Corporation, Alfa Aesar, CHT Group, and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Media Contact

Company Name: EMR Inc.
Contact Person: Mathew Williams, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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